Page 69 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΣΕΠΤΕΜΒΡΙΟΣ 2022

IN THE An analysis by: Manos Charitos

Data processing: Orestis Papadimitriou

SPOTLIGHT

Αsia as a continent is the undisputed world cham-
pion in commercial shipbuilding as the vast majority
of ocean-going ships are built in one of the top
three shipbuilding countries: South Korea, China,
and Japan.
The following analysis focuses on the shipbuilding
industry, specifically the shipyards that have built
the ships that make up the fleet managed by com-
panies established in Piraeus/Athens.
The data has been drawn from the Greek Shipping
Directory and concerns the registered fleet up to
April 2022. Furthermore, the shipyards have been
categorised into groups based on the information
available on their websites or provided by other
authoritative sources.
It is noted that the categorisation was based on
recent data. Therefore, some of the said fleet’s ships
may have been built at a shipyard before it became
part of a shipbuilding group. But even if a shipyard
joined a group later, it is considered that these ships
come from the respective shipyard group.

The Piraeus/Athens fleet
More than 500 ship management companies are
operating in Piraeus/Athens. The joint fleet managed
by these companies consists of 5,191 ships with a
cumulative capacity exceeding 441 million dwt. 92%
of this fleet’s ships have been built in South Korea,
China, and Japan.
This fleet of 5,191 ships has been built by roughly
150 shipyards or shipbuilding groups, 55 of which
have each constructed more than 10 of the fleet’s
ships, while their majority holds a small share of
the said market.

The top 15 shipbuilding groups
According to our findings some shipbuilding groups
stand out due to the number of ships they have built
for management companies with offices in Piraeus/
Athens. Specifically, the top 15 shipbuilding groups
(hereafter referred to as the top 15) have built 3,560
ships of the fleet managed from Piraeus/Athens
with a total capacity of 347.72 million dwt, which
corresponds to 69% and 79% of the fleet in terms
of ship numbers and tonnage, respectively.

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